In his LinkedIn post, Bargri said he didn’t have the skills required to adequately address the challenges AMP now faces.

“And when I think of where I’m personally at, and the energy and commitment the organisation needs from me now, I conclude that I have insufficient capacity to carry through the important task of navigating the days and months ahead.”

He will leave the company in July. AMP announced that it’s commenced an internal and external search for a suitable replacement.